MGM — oversold signal, 21 Sep
RSI(2)68.2
RSI(14)29.7
Close $ · flag day38.73
Off 20-day high−12.6%
Avg volume2.4M
What followed
| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 21 Sep | 38.73 | 38.49 | +0.0% |
| 22 Sep | 38.90 | 38.43 | +0.4% |
| 23 Sep | 37.85 | 38.32 | -2.3% |
| 24 Sep | 33.69 | 37.40 | -13.0% |
| 25 Sep | 32.58 | 36.35 | -15.9% |
The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.
Research chart
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